MidCap Financial Investment Co. (NASDAQ:MFICL) Short Interest Down 90.8% in July

MidCap Financial Investment Co. (NASDAQ:MFICL) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 104 shares, a drop of 90.8% from the July 15th total of 1,131 shares. Based on an average daily volume of 2,685 shares, the days-to-cover ratio is currently 0.0 days.

MidCap Financial Investment Trading Down 0.2%

Shares of MidCap Financial Investment stock traded down $0.05 during trading hours on Tuesday, hitting $25.39. The company had a trading volume of 6,701 shares, compared to its average volume of 5,749. The company’s 50-day moving average is $25.34 and its two-hundred day moving average is $25.34. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.69.

MidCap Financial Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.9%.

About MidCap Financial Investment

MidCap Financial Investment (NASDAQ: MFICL) is an externally managed business development company that provides customized financing solutions to privately held, lower middle-market companies in the United States. The company has elected to be treated as a business development company under the Investment Company Act of 1940 and is advised by MidCap Financial LLC, a specialized private credit investment firm.

The firm’s investment strategy centers on debt and equity financings, including senior secured loans, unitranche structures, mezzanine debt and equity co-investments.